Hines Announces Launch of Tax-Advantaged Platform

Hines Real Estate Exchange is designed to meet wealth preservation and estate planning needs of qualified investors

(HOUS­TON) – Hines, the glob­al real estate invest­ment, devel­op­ment, and prop­er­ty man­ag­er, announced today the launch of Hines Real Estate Exchange (HREX), a plat­form designed to serve qual­i­fied investors inter­est­ed in tax-advan­taged invest­ment oppor­tu­ni­ties. The plat­form intends to make 1031 exchange oppor­tu­ni­ties avail­able to investors in the form of inter­ests in Delaware Statu­to­ry Trusts (“DSTs”) hold­ing assets sourced from Hines Glob­al Income Trust (“HGIT”). HGIT will have an option to acquire the prop­er­ties held by the DSTs.

The HREX plat­form is intend­ed to pro­vide par­tic­i­pants with a solu­tion to aid in the defer­ment of cap­i­tal gains and oth­er tax­es while pro­vid­ing them with the oppor­tu­ni­ty to diver­si­fy real estate hold­ings through the own­er­ship of insti­tu­tion­al-grade assets.

“Hines Real Estate Exchange is a nat­ur­al pro­gres­sion for the firm,” not­ed Alfon­so Munk, CIO of the Amer­i­c­as and pres­i­dent of HGIT. ​“Giv­en the strong mar­ket demand for 1031 exchange prod­ucts and Hines’ vast expe­ri­ence and exper­tise as spon­sor of HGIT, we believe the time is right to launch this initiative.”

Many exchang­ers are eager to cap­i­tal­ize on exist­ing pric­ing envi­ron­ments. ​“A grow­ing num­ber of finan­cial pro­fes­sion­als and their clients are clam­or­ing for these types of plat­forms,” said Mark Ear­ley, CEO of Hines Secu­ri­ties, Inc.

HGIT fea­tures a $3.8 bil­lion port­fo­lio of com­mer­cial real estate invest­ments that is near­ly two-thirds weight­ed toward the indus­tri­al and liv­ing sec­tors. HGIT is diver­si­fied by geog­ra­phy and real estate sec­tors, with a focus on sta­ble assets with strong long-term income potential.

About Hines Glob­al Income Trust
Hines Glob­al Income Trust, Inc. is a pub­lic, non-list­ed real estate invest­ment trust spon­sored by Hines. It com­menced oper­a­tions in 2014 and invests in com­mer­cial real estate invest­ments locat­ed in the Unit­ed States and inter­na­tion­al­ly. For addi­tion­al infor­ma­tion about HGIT, vis­it www​.www​.hines​glob​al​in​cometrust​.com.

About Hines
Hines is a pri­vate­ly owned glob­al real estate invest­ment firm found­ed in 1957 with a pres­ence in 285 cities in 28 coun­tries. Hines over­sees invest­ment assets under man­age­ment total­ing approx­i­mate­ly $90.3 bil­lion¹. In addi­tion, Hines pro­vides third-par­ty prop­er­ty-lev­el ser­vices to 373 prop­er­ties total­ing 114.2 mil­lion square feet. His­tor­i­cal­ly, Hines has devel­oped, rede­vel­oped or acquired approx­i­mate­ly 1,530 prop­er­ties, total­ing over 511 mil­lion square feet. The firm cur­rent­ly has more than 198 devel­op­ments under­way around the world. With exten­sive expe­ri­ence in invest­ments across the risk spec­trum and all prop­er­ty types, and a foun­da­tion­al com­mit­ment to ESG, Hines is one of the largest and most-respect­ed real estate orga­ni­za­tions in the world. Vis­it http://​www​.hines​.com for more information. 

¹In­cludes both the glob­al Hines orga­ni­za­tion as well as RIA AUM as of Decem­ber 31, 2021.

No Offer of Secu­ri­ties
This press release shall not be deemed an offer to sell, or a solic­i­ta­tion of an offer to pur­chase, any secu­ri­ties. Any offer of DST inter­ests will be made only to per­sons rea­son­ably believed to be accred­it­ed investors by means of a pri­vate offer­ing mem­o­ran­dum in accor­dance with Rule 506 of Reg­u­la­tion D under the Secu­ri­ties Act of 1933, as amend­ed. No one can invest direct­ly in the HREX platform.

For­ward-Look­ing State­ments
State­ments in this press release, includ­ing inten­tions, beliefs, expec­ta­tions or pro­jec­tions relat­ing to the DST pro­gram described here­in, are for­ward look­ing state­ments with­in the mean­ing of Sec­tion 27A of the Secu­ri­ties Act of 1933, as amend­ed, and Sec­tion 21E of the Secu­ri­ties Exchange Act of 1934, as amend­ed. Such state­ments are based on cur­rent expec­ta­tions and assump­tions with respect to, among oth­er things, the demand for 1031 exchange plat­forms, future eco­nom­ic, com­pet­i­tive and mar­ket con­di­tions and future busi­ness deci­sions that may prove to be incor­rect or inac­cu­rate. Impor­tant fac­tors that could cause actu­al results to dif­fer mate­ri­al­ly from those in the for­ward-look­ing state­ments include the risks asso­ci­at­ed with Hines being able to suc­cess­ful­ly man­age the HREX plat­form, risks asso­ci­at­ed with an eco­nom­ic down­turn, and oth­er risks described in the ​“Risk Fac­tors” sec­tion of HGIT’s Annu­al Report on Form 10‑K for the year end­ed Decem­ber 31, 2021, as updat­ed by its oth­er fil­ings with the Secu­ri­ties and Exchange Com­mis­sion. You are cau­tioned not to place undue reliance on any for­ward-look­ing statements.